Head and Shoulders versus reversed Head and Shoulders. Short position re-entered. Set stop at the last high. Same target.
Prepare to close short position and enter long position when reversed Head and Shoulders neckline is broken. Edit: Diagonal Triangle wave c versus reversed Head and Shoulders pattern. Wait until upper trendline of the ED is broken.
At the upper trendline now. Prepare to reverse position if broken. Thanks Mup. This is the last trade for today. Quit if stop out again. Mu.
Short position closed. Long position entered. Set stop at the last low or the lower ED trendline. Set target at measured move above yesterday high. Plan to quit for today if stop out again.
Handy this EW We just wait untill the market tips her hand & jump aboard Could bounce from the DB or the MM' s* If it bounces its another X wave Anyway lunch time for me *The First MM point comes in around 1470.50 and the larger MM around 1468.75 (both ES)